FBR ISLAMABAD: The Federal Board of Revenue (FBR) has etched a historic achievement by surpassing the Rs1 trillion mark in tax collection for December 2023, exceeding the monthly target, on …
(IMF) programme
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ISLAMABAD: The IMF’s resident representative in Pakistan dismissed media claims suggesting plans for tax hikes on salaries and business income, as well as an increase in the petroleum levy threshold. …
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22% Interest Rate In a recent decision, the State Bank of Pakistan’s Monetary Policy Committee (MPC) has chosen to maintain the status quo by keeping the key policy rate unchanged …
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Politics
Information Minister Confirms February 8 Election Date Without Room for Doubt
by Hamza Irshadby Hamza IrshadMurtaza Solangi, the Caretaker Minister for Information and Broadcasting, has expressed contentment with the nation’s progress toward economic stability. The Information Minister confidently announced that general elections are scheduled for …
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Economy
Pakistan is set to receive $700 million from IMF on 12th of January, a day after board’s meeting
The ongoing SBA program is set to expire on April 14, 2024.
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PDM Rule ISLAMABAD: In a pivotal revelation by the National Accounts Committee (NAC), Pakistan’s Gross Domestic Product (GDP) has undergone a significant adjustment, contracting by 0.17% rather than the initially …
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Economic Program Amidst the visit of the International Monetary Fund (IMF) technical team to Pakistan, a series of crucial discussions and meetings are unfolding, marking the commencement of preparations for …
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Economy
Interim Government Targets Digital Markets and Real Estate for Taxation in Economic Blueprint
Economic Blueprint The caretaker government of the country is strategically navigating an economic transition for the incoming administration, with a strong indication of engaging in discussions with the International Monetary …
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Economy
Pakistan’s stock market surpasses 57000 points after IMF signed SLA with govt: 40% windfall tax levied on banks profit
57000 Points ISLAMABAD: The Pakistan Stock Exchange (PSX) KSE-100 benchmark index breached 57000 points on Thursday morning as the staff-level agreement reached with the International Monetary Fund (IMF) on the …
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Economy
IMF signs a Staff Level agreement with Pakistan, asking for ‘Do a lot More’ including free float of dollar
Pakistani officials will refrain from administrative actions to influence the rupee value